Dubai firm looks to raise $500 million via digital tokens for new payments system

NEW YORK (Reuters) - OneGram, a Dubai technology firm, has launched the first-ever digital currency backed by gold in an initial offering expected to raise more than $500 million in capital, company chief executive officer Ibrahim Mohammed told Reuters in an interview late on Tuesday.

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Fitbit posts smaller-than-expected loss, shares ri...
Facebook profit surges 76.6 percent as ad sales ju...

Related Posts